Port of La Spezia increasingly closer to Europe: investments in sustainability and employment

Port of La Spezia increasingly closer to Europe: investments in sustainability and employment

New piers and a reduction in CO2 emission, with €160 million from CDP, EIB and Intesa

 

Cassa Depositi e Prestiti, together with the European Investment Bank and Intesa Sanpaolo, have granted LSCT (La Spezia Container Terminal), leader in freight services and terminal operator for the Port of La Spezia, a loan of €160 million.

These resources will be employed to modernise the harbour area and streamline the terminal, by building new piers, installing state-of-the-art cranes and implementing cutting-edge automated solutions and electrification. Moreover, the railway system will be consolidated with the aim of increasing land freight transport by train from 33% to 50%.

These are projects that will allow the terminal to reach a total freight capacity of about 2 million TEU*, establishing La Spezia as a crucial hub linking central Europe with northern Europe.

The initiative will have a positive impact on the territory’s economy, employment and environment, as it will halve CO2 emission per handled TEU and reduce total emission by 10% starting from 2026. These investments will also increase the competitiveness of the Italian logistics system, which is a key factor for the development of the productive fabric in international terms, too.

The loan is in line with CDP’s 2022-2024 Strategic Plan and focuses on the priorities for action identified in the Sectoral strategic guidelines for transport and logistics nodes.

*TEU, “Twenty (foot) Equivalent Unit”, is a unit of measurement that, in maritime transport, corresponds to the dimensions of a 20-ft ISO container (about 6.1 m)

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